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I honestly have no idea which way I'm going to tackle the debt, whether it be by smallest to largest balance or lowest to higher interest. I'm tempted to go from smallest balance to largest but it irks me to pay more in interest so I will probably pay the highest interest bearing acct. Which, may just be that damn Amex card. I haven't called them and won't until probably Thursday night as I have a huge final tomorrow.
I'm going to bed after a full 20 hour day of working (9 hrs + 2 hours of finals + 9 hours of studying).
2 comments:
There is a lot of debate in the PF world about how to pay off your debt. Some say smallest to largest dollar amount, some say go after the debt with the highest interest rate.
My feeling, aggressively pay off the debt first that bothers you the most and then attack the others. You may be happier only paying three bills a month instead of four bills a month.
From what you put in your post, the high interest rates bug you, so go after those debts first. good luck!
Good luck!
Agreed with Bouncing back.
I liked clearing small balances, myself...
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